Optum, LHC Group Put Pedal Down On Home-Based Care Efforts
Dec 4, 2024 · LHC Group President and CEO Josh Proffitt on Wednesday shared a home-based, value-based vision for the company’s future. UnitedHealth Group’s (NYSE: UNH) Optum acquired LHC Group last year for $5.4 billion. “Home Care remains deeply fragmented, disconnected and too difficult to navigate,” Proffitt said Wednesday.
[Updated] CMS Finalizes 0.5% Home Health Payment Increase For …
Nov 1, 2024 · In June, CMS proposed a 1.7% decrease in payments for 2025, or an about $280 million aggregate reduction compared to 2024 levels.Within that proposal was also a permanent prospective adjustment to the CY 2025 home health payment rate of -4.067%. As detailed above, CMS is finalizing a permanent prospective adjustment of -1.975% to the CY 2025 home health payment rate, short of what was proposed ...
Home - Home Health Care News
5 days ago · Home Health Care News (HHCN) is the leading source for news and information covering the home health industry. HHCN is part of the Aging Media Network.
Compassus CEO: To ‘Grow Up,’ Home Health Industry Needs To …
Nov 27, 2024 · With his feet underneath him now, though, Asselta is ready to solidify a growth strategy for the company that will usher it into a new era. For this week’s Thanksgiving edition of the members-only, exclusive HHCN+ Update, I dive into the future of Compassus and home-based care with Asselta.
Homethrive Eyes Expansion After $20 Million Gain
Nov 22, 2024 · By supporting working caregivers around the clock, Homethrive helps employers reduce turnover by 80%, saves caregivers an average of 16 hours per month and has contributed to a 17% increase in plan retention on the payer side.
Why A Friendly Medicare Advantage Environment Is Bad News For …
Nov 21, 2024 · While traditional Medicare rates are considered solid in a vacuum, with MA payment included, many providers have profit margins hovering around zero. “Medicare does not set payments to cross-subsidize other payers, as we are mindful of our obligation to be responsible stewards of the Medicare Trust Funds,” the home health final payment rule read.
Specific Training Is Crucial To Prepare The Next Generation For …
Nov 13, 2024 · “The demand will be high for a patient care model and a care delivery system that is focused in the patient’s home,” Brown said. “Our patients and their families deserve to have access to high-quality care, at the right time, with the right provider, in …
Transactions: Elevance Health’s Home-Based Care Bet; Eden Health ...
Nov 26, 2024 · “Carelon recently entered into an agreement to acquire CareBridge, a value-based manager of HCBS for chronic and complex members that will serve as the foundation for Carelon’s home health business, and we are excited to continue to serve all its customers and members,” Elevance CEO Gail Boudreaux said during the company’s most recent earnings call.
The ‘Dream’ Scenario Of Combining Home Health, Home Care To …
Dec 6, 2024 · One of the publicity issues home-based care faces is that most people don’t even understand the difference between home health care and home care, much to the chagrin of industry veterans in both sectors. But in the future, those same leaders are bullish on the merging of those two types of care ...
The Table-Stakes Technology Entering Home-Based Care In 2025 …
Dec 5, 2024 · Founded in 1980, Colorado-based Homewatch CareGivers provides full-service home care through a network of 243 franchised locations. In addition to AI, other efficient and scalable technologies clear the path for provider objectives, such as more quality and hands-on care, growth, cost reduction and employee satisfaction.